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Free GuideMany small businesses, including the traditional family business, function in that space often referred to as a “Lifestyle” business. What is a Lifestyle business? Generally described, Lifestyle is meant to describe the type of business that provides you, your family or your partners, with a manageable living income but not necessarily a business that provides […]
Read moreI dislike that phrase in a major way and so should you! Small business owners, family business owners, business partners—I don’t care what kind of business you own, operate or manage, this one phrase should be stricken, abolished, forsaken and, quite honestly, fire-able! It-is-what-it-is might just be the most loathed phrase in my entire universe. […]
Read moreThis can be a tricky question for any type of business partner: father, brother, spouse, friend or used-to-be friend. The key is getting through the first level of resistance and finding the authentic reason your partner is resisting. What he is saying is likely not the real issue. Here are the most common root issues: […]
Read moreI believe in happily-ever-after. All of us should—it does exist but sometimes, well, many times, getting there is a bit harder than what we see on Disney movies or hear in old-school fairy tales. There are days, weeks, months—even years—when the bad guys might be winning, but if we play our part right, the day […]
Read moreSo much of people management is really process management… A short blog about people management is a risky endeavor—how can one write in a few short paragraphs something valuable when there are thousands, if not tens of thousand of books and training on this topic. My short poke at this saturated topic, particularly when family […]
Read moreNearly every formed Corporation or LLC, by law, is required to have a governance structure, usually called a Board of Directors. Most companies, particularly small businesses, or small family businesses, take this requirement and rubber stamp it with a few family names. Dad, of course, is the board chairman. Mom might be the secretary and […]
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